ADW Capital Management, LLC — 13F Holdings & Portfolio
CIK 1745214 · latest 13F-HR filed 2026-05-15
ADW Capital Management, LLC manages $257.3M in 13F-reported U.S. long-equity assets across 11 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are APG (23.34%), DRVN (19.60%), GFL (16.38%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 4 new positions, exited 1, added to 1, and trimmed 2.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$257.3M
Long-equity book
11
Distinct positions
2026-03-31
Filed 2026-05-15
+4 / −1 / ↑1 / ↓2
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
New Positions
- DRIVEN BRANDS HLDGS INC$50.4M
- STAGWELL INC$31.4M
- COMPASS DIVERSIFIED$29.5M
- KELLY SVCS INC$265.5K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | API GROUP CORP | APG | 00187Y100 | $60.1M | 23.34% | 1,482,110 | SH |
| 2 | DRIVEN BRANDS HLDGS INC | DRVN | 26210V102 | $50.4M | 19.60% | 4,000,000 | SH |
| 3 | GFL ENVIRONMENTAL INC | GFL | 36168Q104 | $42.1M | 16.38% | 1,010,000 | SH |
| 4 | STAGWELL INC | STGW | 85256A109 | $31.4M | 12.22% | 5,000,000 | SH |
| 5 | COMPASS DIVERSIFIED | CODI | 20451Q104 | $29.5M | 11.46% | 3,750,000 | SH |
| 6 | COMPASS DIVERSIFIED Call | CODI | 20451Q104 | $13.8M | 5.35% | 1,750,000 | SH |
| 7 | PAR TECHNOLOGY CORP Put | PAR | 698884103 | $8.2M | 3.19% | 615,600 | SH |
| 8 | PAR TECHNOLOGY CORP | PAR | 698884103 | $8.0M | 3.09% | 597,229 | SH |
| 9 | TIC SOLUTIONS INC | TIC | 00510N102 | $7.3M | 2.82% | 1,103,800 | SH |
| 10 | STAGWELL INC Call | STGW | 85256A109 | $6.3M | 2.44% | 1,000,000 | SH |
| 11 | KELLY SVCS INC | KELYA | 488152208 | $265.5K | 0.10% | 30,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $257.3M | 11 | 0001420506-26-001017 |
| 2025-12-31 | 2026-02-17 | $133.9M | 5 | 0001420506-26-000516 |
| 2025-09-30 | 2025-11-14 | $174.9M | 7 | 0001420506-25-003325 |